Tuesday, July 30, 2013

MIDDLE CLASS

There's much talk about middle class in the US today.

It drips from the drooling lips of politicians trying to assuage voters. Economists and MSM love to dwell on it. So what does it mean to be middle class? Here's an example from Marc Chandler's Marc to Market.

This Great Graphic comes from Euromonitor International.  It shows the results of international surveys to see what goods and behaviors are associated with the middle class.  It appears that one's home is the anchor to middle class status.  The survey was conducted online, which, itself says something about the middle class.  Some 6600 people responded from sixteen consumer markets, including many several emerging markets, such as the BRICs, Mexico, Turkey, Colombia, Thailand and Indonesia,   

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